Mattel Reports Third Quarter 2024 Financial Results

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Goldman Sachs Reiterates Buy Rating on Mattel Inc. (MAT)

October 24, 2024 6:18 AM EDT

Goldman Sachs analyst Stephen Laszczyk reiterated a Buy rating and $22.00 price target on Mattel Inc. (NASDAQ: MAT)

The analyst comments "Mattel reported mixed 3Q24 results that came in below Visible Alpha Consensus Data expectations on Revenue, but above expectations on Adjusted EBITDA... More

DA Davidson Reiterates Buy Rating on Mattel Inc. (MAT)

October 24, 2024 5:59 AM EDT

DA Davidson analyst Linda Bolton Weiser reiterated a Buy rating and $27.00 price target on Mattel Inc. (NASDAQ: MAT).

The analyst comments "BUY-rated MAT reported a 3Q24 sales miss but EPS beat, due to robust Y/Y gross margin expansion. Operating profit was... More

Citi Reiterates Buy Rating on Mattel Inc. (MAT)

October 24, 2024 5:55 AM EDT

Citi analyst James Hardiman reiterated a Buy rating and $26.00 price target on Mattel Inc. (NASDAQ: MAT)

The analyst comments "Dating back to last summer and the breakaway success of the Barbie movie, the primary bear case against MAT has revolved around the... More

Mattel Inc. (MAT) PT Raised to $28 at BofA Securities

October 24, 2024 5:52 AM EDT

BofA Securities analyst Jason Haas raised the price target on Mattel Inc. (NASDAQ: MAT) to $28.00 (from $26.00) while maintaining a Buy rating.

The analyst comments "Mattel (MAT) reported 3Q adj. EPS of $1.14 (vs. our $1.02) given gross margin upside (+53.1% vs. our +50.0%) on benefits from supply... More